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Allan Jabber invested $400 at the beginning of each of the last 12 months in the shares of a mutual fund that paid no dividends. Which method will he correctly choose to calculate his average price per share from the monthly share prices

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abiolataiwo2015

The method that  he will correctly choose to calculate his average price per share from the monthly share prices is: Harmonic mean.

What is Harmonic mean?

Harmonic mean can be defined as a method that is used by companies or organization to determine  average price per share.

Formula for harmonic mean is:

Harmonic mean=Number of observations ÷ Number of series

Therefore  Harmonic mean is use to find average price.

Learn more about harmonic mean here:https://brainly.com/question/26491057

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